In 2025, long-term Bitcoin holders have resumed accumulation of the cryptocurrency after significant distribution in previous months. This change in investor behavior indicates increased confidence in the market.
LTH Distribution and Price Trends in 2024
Long-term holders (LTH) of Bitcoin distributed their assets during price spikes in 2024, reflecting traditional market behavior. At the beginning of 2024, Bitcoin fluctuated between $40,000 and $50,000, which led to a decrease in holdings from 15.7 million to 14.8 million Bitcoin by mid-year.
Distribution Slows and Accumulation Resumes
By mid-2024, LTH began accumulating Bitcoin once again, which lasted until October, pushing the supply up to 16.2 million BTC. This increase coincided with a price surge to around $100,000 in October 2024. However, by the beginning of 2025, distribution resumed, peaking in early 2025, but the selling rate slowed down significantly by April.
Market Sentiment Shifting
Starting in April 2025, LTH began actively accumulating Bitcoin, correlating with rising prices. Investors are striving to take advantage of lower prices, creating expectations for potential gains in the future.
The Bitcoin market scenario demonstrates that long-term holders have shifted from distribution to accumulation. This change highlights investor confidence in long-term positions amid price volatility.
